earnings
confidence high
sentiment positive
materiality 0.75
Pinterest Q3 revenue $633M (+43% YoY), GAAP net income $94M vs loss year ago
PINTEREST, INC.
2021-Q3 EPS reported
$0.20
revenue$1,731,372,000
- Global MAUs 444M, up 1% YoY; engagement headwinds from pandemic unwind noted.
- Adjusted EBITDA $201M (32% margin), up 117% YoY; non-GAAP net income $190.5M.
- Revenue growth driven by large retail advertisers and international expansion.
- CPG vertical slowed due to supply-chain disruptions, inventory/labor shortages.
- Investing in Idea Pins and shopping features to drive long-term engagement and revenue.